Financial, Government & Corporate Corruption & Cronyism

The Banks Are Still Scamming It never ends, does it? More than half of the derivatives- trading business of Goldman Sachs Group Inc. (GS), Morgan Stanley and three other large banks could fall largely outside the Dodd- Frank Act if…

Think filing for bankruptcy is the only way to get debt discharge? Think again, at least in Greece. While previously we have reported that Greek courts had written off “untenable” debts of unemployed Greeks owed to local banks, Kathimerini describes…

Did you know that the federal government is giving out free cell phones and free cell phone minutes to welfare recipients? It may be hard to believe, but it is true. Right now, there are companies that are running…

Things that make you chuckle in the morning… European Union leaders gather for their first summit of 2012 as a deteriorating economy and struggle to complete a Greek debt writeoff risk sidetracking efforts to stamp out the financial crisis. EU…

Submitted by Brandon Smith from Alt Market Baltic Dry Index Signals Renewed Market Collapse Much has been said about the Baltic Dry Index over the course of the last four years, especially in light of the credit crisis and…